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20121115
20121115
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it can be done. >> president obama will begin formal budget talks with house and senate leaders tomorrow. he met with several ceos at the white house yesterday. administration officials say he told them any deficit deal must be balanced with higher taxes for the wealthy as well as retitlement reform. >>> now let's talk with senior u.s. economist at barclays capital here in london. because you wanted to tell us just what they're going to do to resolve the fiscal cliff. maybe you have some answer that seems to have eluded everyone else. >> our view is probably similar to everyone else's in that there's strongen send difference to come to an agreement. the timing is the issue and the question is do we go over the cliff first before we come back. so as the president said yesterday, he's willing to look at options, but he's pretty skre skeptical that we can get the number that is he wants without a tax increase. so the outcome of the election does make it more likely that we test the cliff that we go over, tax rates go higher and we hope that incentivizes an outcome. >> this is one scenario t
Search Results 0 to 0 of about 1

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